Tag : JLL

SELLING POINTS: Alloy to redevelop two DUMBO properties, Avison Young marketing Harlem offices
Deals & Dealmakers

SELLING POINTS: Alloy to redevelop two DUMBO properties, Avison Young marketing Harlem offices

REW
● JLL Alloy JV to redevelop DUMBO property Dumbo-based Alloy Development and The Davis Companies acquired two buildings at 42 and 50 Jay Street for $52.25 million for conversion into a single development to be renamed 168 Plymouth Street. The development will feature 46 units including townhouses, lofts and penthouse...
JLL brokers not-for-profit leasehold at the News Building on 42nd Street
Deals & Dealmakers

JLL brokers not-for-profit leasehold at the News Building on 42nd Street

REW
JLL has completed a new transaction to relocate Young Adult Institute Inc.’s (YAI) headquarters to SL Green Realty Corp.’s 220 East 42nd Street, also known as the News Building. The not-for-profit health, education and social services organization signed an agreement to convey a 30-year leasehold condominium interest covering 75,353 s/f...
Deals & Dealmakers

JLL sets up $280M Empire Stores credit

REW
JLL’s Capital Markets team secured $280 million to refinance Empire Stores, the newly-redeveloped retail and office building in DUMBO. JLL represented the borrowers, Midtown Equities and HK Organization. AIG provided the 15-year loan. Vice Chairman Aaron Appel, along w ith David Sitt, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Jackson Sastri...